FastNet Business internet banking

Need a sophisticated banking platform for your business? With intelligent user management tools, options for international traders and accounting integration, FastNet Business puts you firmly in control of your finances.

How it works

Financial reporting of balances, transactions and more

View balances and ‘drill down’ to see each account’s transactions in real-time with up to two years' history -- filter your view by type of transaction, other party or amount.

View a summary of each account’s total deposits, total withdrawals and opening and closing balances over any time period.

Rename your accounts to display within FastNet Business for easier identification.

Set up mobile or email alerts for deposits, withdrawals and specific balances, including overdrafts, for any or all of your team.

Making payments

Making payments with FastNet Business is fast and flexible.

Transfer funds between your accounts, schedule up to a year in advance.

Make payments to others, either as batches of single transactions or individual Same Day Cleared Payments.

Authorise multiple payments individually or in bulk.

Create payee libraries to save regularly used payee details.

Set up automatic payments.

Make IRD payments.

FastNet Business can streamline your payment process. Rather than creating many single payments, your accounts team can create large payment schedules. They can use existing payees and previous payments as a template, or import the payment details from an accounting system. You then manage and authorise the payment as a single batch.

You can also require two or even three people to authorise payments. Each person can log in from any location, or from their mobile, and add their authorisation to a payment. When it’s fully authorised, you or your team can send the payment.

Comprehensive security options help prevent any anomalies or inappropriate payments.

Integrating with your online accounting system

If you use Xero or MYOB, you don't want to enter payment details twice. FastNet Business makes integration simple.

You can have all your ASB accounts – including credit cards, loans, term deposits and foreign currency accounts – automatically feed to your accounting system, every night.

Once you’ve entered bills to pay in your accounting package, you can then export them directly to FastNet Business as a single batch payment, ready to authorise. You eliminate double-handling, save time and help prevent errors.
You can also manually export transactions from FastNet Business, ready for your accounting package or your own spreadsheets.

Controlling staff access

FastNet Business keeps you firmly in control of your finances. It lets you choose who can access which accounts, when they can log in, the areas of the system they can access and how much they can do and pay away in those areas.

You can create an unlimited number of users, each with their individual login ID and payment and/or authorisation limit.

Every action by every user is automatically recorded in the FastNet Business audit log.

This level of control lets you replicate your current financial management processes within FastNet Business, or even to use FastNet Business to re-engineer and enhance those processes.

Managing security

FastNet Business helps to protect your funds from external threats.

Logging in requires a FastNet Business code, user ID and password.

Authorising a payment requires a special one-off code from an electronic token or through the ASB Mobile Business app.

If the need arises, user passwords can be re-set immediately either by you or by phoning the FastNet Business Helpdesk.